4169 KING Street East, Kitchener - Retail for Sale
4169 KING Street East, Kitchener, Ontario, N2P2E8
6,813 ft²355 × 196 ft (1.59 acres) lot sizeListed 40 days ago
Overview
This retail property in Kitchener is for sale offering roughly 6,813 sq ft of space. It has been on the market 40 days, fresher than the Kitchener average of 53 days.
Exceptional opportunity to own a premium detached commercial Property in Deer Ridge / Hidden Valley in the heart of Waterloo Region.This luxuriously designed, modern, open-concept layout featuring numerous private rooms, with a Full basement providing additional functional space. 24 on-site private parking spaces, Abundant natural light, approximately 40,000 vehicles passing daily, offering excellent visibility and exposure, Private kitchen, washrooms, and laundry facilities. making it an excellent choice for a wide range of commercial uses, including: *Financial institutions and banks *Private schools and educational facilities *Medical and professional offices *Showrooms and retail concepts *Fitness centres and gymsSports and recreational facilities *And much more .... Prime Location Situated and surrounded by a wide range of established amenities, including: Costco and Home Depot, Banks and financial services, Restaurants and pharmacies, Schools and parks, A variety of retail and commercial businesses, Conveniently located just minutes from Highway 401, this property offers excellent accessibility for customers, employees, and clients throughout Kitchener, Waterloo, Cambridge, and the surrounding Waterloo Region. King street widening is being designed so it can accommodate ION LRT toward Cambridge in the future which should add a lot to the current property value. (id:66096)
Property Details
MLS®
X13827570
Property Type
Retail
Zoning
Com-6
Interior Size
6,813 ft²
Lot Size
355 × 196 ft (1.59 acres)
Frontage
355 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$58,985.65/yr
Listed
40 days ago
Features
Lot Features
Irregular lot size
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
40d
Kitchener listings, avg age
53d
Price / ft²
$543
List price
$3.70M
Extended: 40 days on market, against an average age of 53 days across the listings currently for sale in this city
Market timing · days on market0 → 53d avg age of current listings
Extended · day 40
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This retail in Kitchener has been listed for 40 days, which is 13 days fresher than the city average of 53. Act while there is still low competition.
Listed by Right At Home Realty, Brokerage · MAGED SIDRAK
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N2P)
This home lists at $3,700,000, about 33.6× the local median household income of $110,000.
Carrying it typically needs a household income of about $722,740 (20% down, 25-yr amortization, stress-tested) — roughly 557% above the area median.
Median household income
$110,000
Population
25,040
Median age
36
Owner / renter
76% / 24%
Avg. household size
2.9
Source: Statistics Canada, 2021 Census (FSA N2P)
$3,700,000· $543/ft²
For sale
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Financing
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